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Gates Industrial Corp

GTESNYSE
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$21.99
0.62.81%
At close: -
$21.99
00.00%
After Hours: Nov 22, 5:42 PM EDT
Consensus Rating1
Outperform
Highest Price Target1
$23.00
Lowest Price Target1
$13.00
Consensus Price Target1
$19.00

Gates Industrial Corp (NYSE:GTES) Stock, Analyst Ratings, Price Targets, Forecasts

Gates Industrial Corp PLC has a consensus price target of $19 based on the ratings of 14 analysts. The high is $23 issued by Keybanc on November 21, 2024. The low is $13 issued by Keybanc on October 14, 2022. The 3 most-recent analyst ratings were released by Keybanc, Barclays, and Keybanc on November 21, 2024, November 5, 2024, and October 31, 2024, respectively. With an average price target of $22 between Keybanc, Barclays, and Keybanc, there's an implied 0.05% upside for Gates Industrial Corp PLC from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
2
1
Aug
1
Sep
1
Oct
1
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
Barclays
Morgan Stanley
RBC Capital
Evercore ISI Group

1calculated from analyst ratings

Analyst Ratings for Gates Industrial Corp

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FAQ

Q

What is the target price for Gates Industrial Corp (GTES) stock?

A

The latest price target for Gates Industrial Corp (NYSE:GTES) was reported by Keybanc on November 21, 2024. The analyst firm set a price target for $23.00 expecting GTES to rise to within 12 months (a possible 4.59% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Gates Industrial Corp (GTES)?

A

The latest analyst rating for Gates Industrial Corp (NYSE:GTES) was provided by Keybanc, and Gates Industrial Corp maintained their overweight rating.

Q

When was the last upgrade for Gates Industrial Corp (GTES)?

A

The last upgrade for Gates Industrial Corp PLC happened on August 19, 2024 when RBC Capital raised their price target to $22. RBC Capital previously had a sector perform for Gates Industrial Corp PLC.

Q

When was the last downgrade for Gates Industrial Corp (GTES)?

A

The last downgrade for Gates Industrial Corp PLC happened on June 20, 2023 when Goldman Sachs changed their price target from $15.5 to $14.5 for Gates Industrial Corp PLC.

Q

When is the next analyst rating going to be posted or updated for Gates Industrial Corp (GTES)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Gates Industrial Corp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Gates Industrial Corp was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.

Q

Is the Analyst Rating Gates Industrial Corp (GTES) correct?

A

While ratings are subjective and will change, the latest Gates Industrial Corp (GTES) rating was a maintained with a price target of $22.00 to $23.00. The current price Gates Industrial Corp (GTES) is trading at is $21.99, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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